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Egypt receives $14bn tranche from UAE to develop Ras Al Hekma
The flotation, which was in discussions for months, was a key condition from the IMF to approve Egypt’s loan. Ras Al Hekma is a coastal region about 350km north-west of Cairo.
Gulf Business8d
Modon, Egypt’s Elsewedy to develop industrial zone in Ras El Hekma
Modon Holding and Egypt’s Elsewedy Industrial Development (Elsewedy) have inked a letter of intent (LOI) to develop and operate a new industrial zone that will serve the Ras El Hekma city ...